Some clips from the pastPlease read carefully, I started buying a year ago because some of these clips. Then the price went down to .05 and I hung in there, and now I think we all will be rewarded within the next 6-12 months.
04-20-2005
Guy Bedard says: "In order to minimize the competition from local prospectors and local companies, we kept a low profile for the past six months as our team of geologists were busy sampling and understanding the geology of this new gold mining camp. At the same time we established excellent working relationships with the local communities."
In total, Plexmar now controls over 21,134 hectares or 211.3 square kilometres of land in this new mining camp. In total 24 properties were acquired by staking and Plexmar has signed option agreements on two properties. Bolsa del Diablo is located 120 kilometres northeast of the town of Piura, near the town of Las Lomas
22-11-2005
Plexmar Resources Inc. has confirmed that fieldwork has resumed on its Bolsa del Diablo property
The work will be concentrated on the four-square-kilometre zone characterized by low to intense silica and clay hydrothermal alteration located in the centre of the property.
( now that is 4 km out of 211, I think it would be a lot of work just concentrating on 4 km )
02-03-2006
Veins
Ninety-two channel samples were taken from other veins, distributed over an area of two kilometres by six kilometres, and returned values ranging from 0.0023 to 40.2 g/t Au, with an average of 6.31 g/t Au. The veins range from 0.10 m to 3.0 m in width
( NOW THAT IS VEINS OF GOLD OVER 12 SQ KM. THAT IS A LOT OF VEINS,)
Volcanic rocks
Twenty samples of highly silicified stockwork and argillically altered with limonite volcanic rock showing silica and disseminated sulphides were taken. Values range from background to 23.5 g/t Au (in silicified stockwork) with an average of 2.23 g/t Au. Theses samples were taken within an area covering five kilometres by two kilometres
( NOW THAT IS 10 KM OF VOLCANIC ROCKS)
Exploration work will now focus on the highly altered volcanic rocks recognized within an area measuring six kilometres by two kilometres. Systematic sampling, mapping and trenching will be carried out.
Results from 120 samples, mostly taken from volcanic rocks, are pending and will be released as soon as available. Detailed maps are being prepared and will be posted on the company's website after data compilation and interpretation.
( SO WE HAVE RESULT PENDING FROM 120 SAMPLES AND WILL BE RELEASED AS SOON AS AVAILABLE, my take is that they have been very busy covering a lot of land and they are doing not bad with the whole thing.)
Kewi